Wednesday, November 3, 2010

Whiting Hitting on All Cylinders

This is just a random note without any links or supporting facts except what I sort of remember.

After posting not less than a hundred different posts in the past five days (most of those posts were updates on earlier posts that folks won't see unless they specifically go to look something up using a search application), I have a gut feeling that Whiting is "hitting on all cylinders." Every time I turn around, I find WLL up to something interesting in the Bakken.

WLL will likely end up putting up to seven wells in 1280-acre spacing units in the Sanish.  The Sanish has been a tremendous oil field even by Bakken standards.

WLL has some of the best-producing wells in the Bakken. It's probably a toss-up between EOG and WLL who has the most good wells in North Dakota. 

WLL barely got started in its new Lewis and Clark prospect when it sparked a flurry of activity in the South Heart area. In this month's NDIC hearing dockets, WLL will request to pool forty-four 1280-acre spacing units just west of South Heart.

WLL has a dedicated fracking crew that can frack 100 wells/year.

WLL announces a natural gas gathering and processing plant near Belfield, ND.

WLL has the best corporate presentations, although I have to say BEXP and SM also have some great presentations.

Someone just paid $8,600/acre for 3.34 acres where WLL already has three wells.

WLL has 14 active rigs according to the NDIC website today.

Note: I do not hold any shares in WLL.

Hess will add a tenth rig in the North Dakota Bakken.

EOG has twelve active rigs in NDB.

CLR has twenty ARINDB.

Hess has eleven ARINDB.


It Never Rains in Southern California, .... but, girl, don't they warn ya, it pours, man, it pours.

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